What You Should Know:
- Evanston-based global consulting firm ZS today who signed an agreement to acquire Medullan, an innovator in digital health strategy, experience design, technology enablement, compliance and research. Through the acquisition, ZS also gains Medullan’s pioneering virtual care platform, VARA™. Financial details of the acquisition were not disclosed.
- The deal brings together two established leaders in professional services for the life sciences
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digital health
PharmStars Launches Pharma-Focused Accelerator for Digital Health Startups
What You Should Know:
PharmStars today announced the launch of its global digital health accelerator to transform how pharma and startups do business. PharmStars is the first and only non-proprietary accelerator for digital health startups that wish to improve their ability to engage with pharma as clients and partners.
For its pharma members, PharmStars offers premium access to a curated group of the most promising digital health startups that align with their digital health strategy. The
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Banner Health Launches Digital Health Program with Xealth & Babyscripts
What You Should Know:
- Banner Health announced the launch of its digital health program with Xealth to enable digital health at scale. Banner Health is making it simpler for medical providers to order digital health solutions directly from its Cerner EHR, helping to strengthen its connection with patients across its 30 acute-care hospitals and other entities. The launch will begin
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MITRE Proposes a National Strategy for Digital Health
What You Should Know:
- MITRE has published a draft National Strategy for Digital Health that identifies a set of national priorities and guides the government and industry toward common goals.
- MITRE has researched and identified candidate actions in the full version of the strategy, which leaders may consider for achieving each of these goals.
Six Strategic Goals for a Healthier Population
The six strategic goals MITRE has identified to revolutionize the health and well-being of
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Wellstar Health System Launches Global Digital Health And Innovation Center
What You Should Know:
- Wellstar Health System has launched Catalyst by Wellstar, a global digital health and innovation center to connect and collaborate with industry-leading corporations, enterprise startups, and universities to fuel innovation.
- To foster meaningful discussion, action, and philanthropy around healthcare innovation, the Catalyst by Wellstar leadership team will participate in a Wellstar Foundation-hosted Innovation Series virtual event on June 15.
- The first
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Particle Health Expands Beta Program API to Consumer Digital Health Providers – Enabling Instant Access to Patient Records
What You Should Know:
- Particle Health announces the launch of its Beta Program that will enable consumer applications such as PHRs and other providers instant access to patient records stored across health exchanges - using its single API.
- The Beta Program is aimed at helping developers deliver next-gen healthcare solutions that have now been enabled with the recent passing of the Anti-Information Blocking Rule in the CURES Act.
- Now the Anti-Information Blocking Rule is in
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CVS Health Launches $100M Fund to Invest in Early-Stage Digital Health Startups
What You Should Know:
- CVS Health announced the formation of CVS Health Ventures, a $100M corporate venture capital fund that will focus on companies with the potential for technology-enabled innovation and disruption in digital health care that are anchored in CVS Health's core strategy.
- CVS Health Ventures will build relationships with early-stage digital health companies via investment as well as by offering expertise and insights from CVS Health's unique perspective.
- To date,
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7wireVentures & EHIR Partner to Accelerate the Adoption of Digital Health Solutions
What You Should Know:
- 7wireVentures, an early-stage digital health venture capital firm, and Employer Health Innovation Roundtable (EHIR), a coalition of the largest and most progressive employers, health plans, and health systems are announcing a partnership to accelerate digital health innovation and improve consumer health, wellness, and productivity.
- Together, the two organizations will facilitate partnerships between emerging digital health companies and EHIR’s blue-chip
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OpenLoop Raises $3M to Expand Digital Health Marketplace for Clinicians
What You Should Know:
- Techstars-backed OpenLoop raises $3M in funding to expand digital health marketplace to connect certified clinicians to telehealth opportunities.
- The company plans to use the funding to This financing enables OpenLoop to expedite the development of their marketplace technology and grow their team of experts.
OpenLoop, a Des Moines, Iowa-based virtual health company based in today announced their oversubscribed seed round financing of $3 million led by an
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Q1 2021 Health IT/Digital Health PC/VE, M&A, IPOs/ SPACs Activity
The first quarter of 2021 has been one of investor optimism as the vaccine rollout continues ahead of expectations and economic activity begins to accelerate in response. Within the Health IT industry, the already strong investment and M&A trends seen in 2020 have only accelerated. Over the course of the quarter, we observed $7 billion in private equity and venture capital investment across 158 companies.
By comparison, Q1 of 2020 saw $3.2 billion and 127 investments. Health IT
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